News

SCOTTISH health workers and teachers have secured their final salary pensions but they will have to pay increased contributions.

Although private equity has been in existence for a long time, it has only recently come to the atten...

PENSION and employee benefits group Xafinity has rebranded its individual businesses.

Rules designed to stop high earners avoiding tax if they breach the lifetime pension allowance are causing problems for poorer pensioners, First Actuarial claims.

UK - Nearly three quarters (73%) of defined benefit schemes do not expect to be fully funded in five years time, although the figure falls sharply to 16% over ten years, a survey by the NAPF has found.

NORTHERN Trust Global Investments has appointed Scottish Widows Investment Partnership to manage £165m of assets in its flagship UK equity fund.

Providing details on scheme wind-up victims to the government-backed Financial Assistance Scheme will cost between £2m and £3.4m, MPs have been told.

US - CalPERS and CalSTRS have called for a change in Hewlett-Packard company bylaws to allow shareowners to have a hand in nominating independent directors at the company.

ASSETZ is launching an entry-level commercial property scheme for self-invested personal pension plan holders.

T ROWE Price has launched a new natural resources fund.